JUMBO closes at $ 23 with a gain of +20.10% on 08 July 2011 with formation of Bullish Engulfing Candle on Daily Price Chart with Huge Increase in Volume. Technically, JUMBO looking extremely Bullish on Charts. Major Momentum Indicators are in Bullish zone. Buyer-Seller Force Index,RSI, Ultimate Trend Cycle & Twinggs Money Flow & TAIO are looking Bullish on Daily Price Chart.
We Recommend to BUY - JUMBO at CMP
Target- 26.90/39.50
Stop-Loss – 16.40
Time Frame- 10-50 Trading Days
Editor’s Note : This Article is written by Vina S Singh, Senior Chartist at www.niftynext.com , which is a Technically Based Quant Research Firm, M/S Durgapur Holdings in Durgapur, West Bengal, India that covers all Stocks, trades at NSE. We use Ami Broker Charting Software with pattern Explorer. You can reach the Chartist here mail@niftynext.com .
Editor’s Note : This Article is written by Vina S Singh, Senior Chartist at www.niftynext.com , which is a Technically Based Quant Research Firm, M/S Durgapur Holdings in Durgapur, West Bengal, India that covers all Stocks, trades at NSE. We use Ami Broker Charting Software with pattern Explorer. You can reach the Chartist here mail@niftynext.com .
No comments:
Post a Comment
Thanks for Your Valuable comments. It will make Us to Serve You in Better Way. For Any STOCKS Query ,Please Call NiftyNext +91 880 2230 836.